In a recent decision, the Biden administration announced that phones and computers will be exempt from the proposed 125% tariffs on Chinese imports initially suggested by former President Trump. This move aims to alleviate pressure on consumers and tech companies.
The U.S. plans to hold a hearing to examine China’s initiatives aimed at enhancing its semiconductor industry. This move highlights ongoing concerns over technological competition and national security as both nations seek dominance in critical tech sectors.
China’s investment in next-generation computer chip research has surged, with recent data revealing its output is now double that of the United States. This shift underscores China’s ambition in semiconductor technology, raising concerns over global tech leadership.
Huawei founder Ren Zhengfei has reportedly conveyed to President Xi Jinping that China’s concerns over semiconductor shortages have diminished. The statement, highlighted by state media, reflects a potential easing in tensions within the nation’s tech sector.
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